With over 15 years experience in the cutting tools industry, Dedalus Consulting's intelligence coverage offers the most comprehensive data and analysis available. Our four (4) volume published research report is in its 8th Edition, and our new Ulysses™ data service builds on that history of accumulated knowledge.

Data and analysis is available for the years 2017 to 2023. The Ulysses™ database contains market data for the years 2004-2023.

Table of Contents

Summary of Report Contents

The Cutting Tools Published Research Report is divided into four (4) volumes according to subject: market/technology overview, product/application market analysis, end-user industry/country analysis, and competitive environment. Each volume is divided into convenient sections according to breakdown criteria.

Research Objectives

The primary objectives in this analysis are:

To provide clients with the tools they need to accurately assess their market opportunities and potential;

To determine the size of the total market opportunity by cutting tool product types, end-user industry, workpiece materials, and grade by country;

To forecast future growth in each product by geographic and end-use market; and

To assess the competitive environment within the market including supplier sales, market share, and producer profiles.

Methodology & Sources

Dedalus Consulting employs all current market and competitive intelligence techniques in order to ensure comprehensive research and analysis. The research methodology applies generally to all database services, published and custom research. It can also be modified to suit a project and the client's specific objectives.

Steps in our research methodology include:

Identification of Report/Client Objectives

Research program Development

Secondary Data Collection

Primary Data Collection/Interviews

Quantitative & Qualitative Analysis

Data Tabular Presentation, Visualization & Design

Product Types and Subtypes Covered

Milling Tools

End/Face Milling

Slotting/Slitting

Plunge Milling

Contouring

Profiling

Threading

Micromachining

Other

Turning Tools

ISO Turning

Parting/Grooving

Threading

Profiling

Micromachining

Other

Drilling Tools

Standard Depth Drilling

Deep Hole Drilling

Threading

Micromachining

Interchangeable Tip

Other

Other Cutting Tools

Reamers

Taps

Dies

Burrs

Other

Tool Types

Indexable Inserts

Solid Cutting Tools

Cutting Tool Grades

Cemented (Tungsten) Carbides

High-Speed Steel (HSS)

Ceramics

Cermets

cBN/PcBN

Diamond Tools

Workpiece Materials

Cast Irons

Carbon Steels

Stainless Steels

High-Temperature/Super Alloys

Hardened Materials

Non-Ferrous Metals

Non-Metallics

Geographic Coverage

Brazil

China

CIS

France

Germany

India

Italy

Japan

Korea (South)

Russia

Spain

Switzerland

Taiwan

United Kingdom

United States

Other Asia/Pacific

Other EU

Other Europe

Other Latin America

Other NAFTA

Rest of World

End-User Industries

Aerospace

Automotive

Chemical Processing

Communications

Consumer

Construction

Defense/Military

Die & Mold

Electronics

General Machining

Job Shops

Medical/Research

Oil, Gas & Mining

Paper & Pulp Industry

Power Generation (e.g., renewables, nuclear)

Transportation (e.g., railroads, shipbuilding, infrastructure)

Other

Applications Covered

Polishing/Lapping

Finishing/Deburring

Stock Removal

Grinding

Contouring

Planing

Sharpening

Boring

Other

Timeframe

Published Research

2018 base year

2019 estimated

Forecasts: 2018-2023

Ulysses™ Data Subscription Service *

Standard Package: 2017-2023

Advanced Package: 2017-2023

Premium Package: 2004-2023

* Note: Historical (pre-2017) datasets are only available through the Ulysses™ Data Subscription Service and vary according to package types. For package and license comparisons, scroll to the bottom of this page.

Volume 1: Executive Summary

The Executive Summary provides a detailed overview of the cutting tools industry for when you only need top-level data and analysis. It provides summary tables in value of consumption by major product types, countries, and end-user industries. It also gives general market trends and factors affecting demand on the summary level.

Section 1: Technology Overview

Key Industry Terminology

General Machining Definitions

Applications

Tool Grade

Workpiece Material

Product Type Definitions

Solid Cutting Tools

Indexable Inserts

Geometry

Shapes/Angles

Application Tool Types Defined

Milling Tools

Turning Tools

Drilling Tools

Other Tools (e.g., reamers, burrs, etc.)

Micromachining Tools

Machining Methods

Quick-Change Tooling

Modular Tooling

High-Speed Machining

Coolant Based Machining

Dry Machining

Cutting Tool Selection

Application Definition

Specifications

Workpiece Material Evaluation

Advances in General Machining Processes

Cutting Tool versus Machine Tool Development

Advances and Developments in Machining Techniques

Machine Tool Design and Productivity

Alternative Machining Methods & Disruptive Technologies

Grinding/Abrasive Techniques

Machining Centers

Horizontal/Vertical Machining

Multi-axis machining

EDM (Electro-Discharge Machining)

ECM (Electro-Chemical Machining)

Laser Machining

Additive Manufacturing

Knowledge Gap: Education on Tool Selection and Machine Capability

Educating the Next Generation of Machinists

Specialization and Customization Continue to Grow

Impact of Advances in Cutting Tool Grade Technology

Impact of Advances in Workpiece Material

Impact on Tooling and Productivity

Coatings Overview

What is a coating?

Coatings Processes

CVD (Chemical Vapor Deposition)

PVD (Physical Vapor Deposition)

Ceramic Coatings

TiN, TiCN, TiC, TiCN, TiAlN

TiAL Black and gold developments

Nanostructured Materials Coatings

Diamond Coatings

Diamond-like-carbon (DLC) Developments

Advances in Coatings Technology

International Standards

ANSI Standards

ISO (International Standards Organization) Standards

JIS, AFNOR, BSI, DIN, UNI, SACS and CAM

Meeting international standards

Impact of low quality products on the market

Technology Outlook

Cutting Tool Technology on the Horizon

Challenges and Advances in Materials Science

Nanostructured Materials

Ultrafine Grain (Micrograin) Carbides

Ceramics Evolution

Increasing Productivity with New Designs

Section 2: Market Overview

Global Cutting Tools Market Overview

Total Demand by Country for Cutting Tools ($MM): 2017-2023

Trends & Forecasts in Cutting Tool Consumption

Factors Affecting Cutting Tool Demand

Global Industry Trends

World Machining Industry by Product Type ($MM): 2017-2023

Machine Tools Industry Overview

Global Demand ($MM) for Machine Tools by Region and Type: 2017-2023

Trends & Forecasts

Industry Trends & Forecasts

Cycles of Growth and Decline

High-growth Markets (CAGR by Year)

Cutting Tool Producer Strategies in Reducing Costs

Machine Shop Strategies in Reducing Costs

Offsetting Increasing Labor Costs

Reduction of Energy Costs

Machine Tool Selection

Impacts of Just-In-Time Practices

Economics of Machining

Economics of High-Speed Machining

Economic Benefits of Dry Machining

Supply Chain Analysis

Raw Materials

Tungsten

Cobalt

Tantalum

High-speed steel

Ceramics

Aluminum oxide

Silicon carbide

Cubic Boron Nitride (CBN)

PCD Diamond

Blanks

Coatings

Relevant Legislation

Government Oversight & Associations

Environmental Impact

Waste Removal

Coolant Use and Disposal

Work Environment and Safety

Regional Market Data and Analysis

Global Demand ($MM) for Cutting Tools by Region: 2017-2023

Regional Trends

High growth markets in a slow global economy

Developing Nations versus Mature Economies

Manufacturing Trends by Country

Distribution Channels

Global Demand ($MM) by Distribution Channel: 2017-2023

Distribution Channels Defined

Direct to the End-User

Private Labelling

Distributors (international, national regional, local)

Manufacturer's Representatives

Catalog Houses

Online Channels & Mass Merchandisers

Value Added Resellers

Private Labelling: How This Significant Industry Affects Competition and Brand Name Recognition

Competitive Environment

This section looks at the general competitive factors in the global cutting tools industry. For a more in-depth look at the competitive landscape, see Volume 4 - Competitive Environment: Analysis and Producer Profiles

Volume 3: End-User Industry Analysis By Country

Volume 3 analyzes the global market for cutting tools by country and region focusing on end-user markets within each. Each of the 21 individual sections analyzes the market by end-user industry in terms of total consumption value, demand trends, tool type, and application.

Countries/Regions by section:

Section 3: China

Section 4: United States

Section 5: Germany

Section 6: Japan

Section 7: Korea

Section 8: Italy

Section 9: France

Section 10: Taiwan

Section 11: United Kingdom

Section 12: Brazil

Section 13: Russia

Section 14: CIS

Section 15: India

Section 16: Spain

Section 17: Switzerland

Section 18: Other EU

Section 19: Other NAFTA

Section 20: Other Europe

Section 21: Other Asia/Pacific

Section 22: Other Latin America

Section 23: Rest of World

Each section contains over 20 tables and graphs breaking the market down according to the following criteria: